The excitement in the Indian startup world is exaggerated. It’s hard to build a real business, and some stories that quickly become wildly successful have an exaggerated impact on the imagination. The US Federal Reserve (Fed) began tightening its policy in February, which is affecting risky and illiquid assets around the world. Listed stocks — global and Indian — have become more cautious when judging these companies.
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First published: Sunday, August 21, 2022 22:36 IST